Intraday Tips and Market Outlook for 30th Sept.

>> Wednesday, September 30, 2009

State of Markets abroad:
US markets ended in red.
Europe ended flat.
Asia has opened flat too.
Expect the Indian markets to open flat to positive.
The crucial support for the Sensex is 16802-16435 and the resistance is at 17071
Nifty: (5007) the crucial support for the Nifty is at 4950-4900 and resistance is at 5020-5155

Day Trading Ideas :

MNM : Buy above 850 for targets of 861 and 875. SL of 840

RNRL : Buy above 88 for targets of 89.50 and 90.75. SL of 87.10

HCC : Buy above 130 for targets of 132 and 133.50. SL of 128.50

Happy Investing!

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